Lucid stock rockets on heavy volume, has been halted 9 times for volatility

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Lucid stock rockets on heavy volume, has been halted 9 times for volatility
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Shares of Lucid Group Inc. rocketed 62.7% in very active afternoon trading, paring an earlier intraday gain of as much as 97.8%, prior to its latest trading...

Shares of Lucid Group Inc.

rocketed 62.7% in very active afternoon trading, paring an earlier intraday gain of as much as 97.8%, prior to its latest trading halt for volatility. The electric vehicle and battery pack maker’s stock was trading down on the day until just before 11 a.m. Eastern, the gains started accelerating a little after noon, the really took off just before 1 p.m. Trading volume ballooned to 99.5 million shares, already more than triple the full-day average.

rocketed 62.7% in very active afternoon trading, paring an earlier intraday gain of as much as 97.8%, prior to its latest trading halt for volatility. The electric vehicle and battery pack maker’s stock was trading down on the day until just before 11 a.m. Eastern, the gains started accelerating a little after noon, the really took off just before 1 p.m. Trading volume ballooned to 99.5 million shares, already more than triple the full-day average.

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